NORWALK, Conn. and LANGLEY, U.K., Jan. 30 /PRNewswire/ -- Priceline.com
(Nasdaq: PCLN) and Travelport GDS today announced a new long-term agreement
under which priceline.com will process reservations through Travelport
GDS's Worldspan global distribution system (GDS). Terms of the agreement
were not announced.
"Worldspan has been a partner since our launch 10 years ago, providing
priceline.com suppliers and customers with consistent round-the-clock
access to inventories and fares," said Chris Soder, priceline.com's
president, North American Travel. "Over that time, we have worked closely
with Worldspan's technology team to maximize the performance of our
transaction systems. We are pleased to extend our partnership with
Travelport and continue to offer Worldspan within our portfolio of supplier
connectivity options."
"This new agreement demonstrates the value priceline.com places in the
cost-effective, reliable and broad-based GDS solutions that Travelport GDS
provides to its clients around the world," said Kevin Mooney, chief
commercial officer of Travelport GDS. "Priceline.com is one of the nation's
premier online travel agencies and Travelport GDS is proud to support
them."
About Priceline.com(R) Incorporated
Priceline.com Incorporated (Nasdaq: PCLN) operates priceline.com, a
leading U.S. online travel service for value-conscious leisure travelers,
and Booking.com, a leading international online hotel reservation service.
Priceline.com also operates Agoda.com, an Asian online hotel reservation
service. In the U.S., priceline.com gives customers more ways to save on
their airline tickets, hotel rooms, rental cars, vacation packages and
cruises than any other Internet travel service. In addition to getting
great published prices, leisure travelers can narrow their searches using
priceline.com's TripFilter advanced search technology, create packages to
save even more money, and take advantage of priceline.com's famous Name
Your Own Price(R) service, which can deliver the lowest prices available.
Priceline.com believes that Booking.com is Europe's largest and fastest
growing hotel reservation service, with a network of affiliated Web sites.
Booking.com operates in over 60 countries in 16 languages and offers its
customers access to over 38,000 participating hotels worldwide.
Priceline.com also operates the following travel websites: Travelweb.com,
Lowestfare.com, RentalCars.com and BreezeNet.com. Priceline.com also has a
personal finance service that offers home mortgages, refinancing and home
equity loans through an independent licensee. Priceline.com licenses its
business model to independent licensees, including priceline mortgage and
certain international licensees.
About Travelport GDS
Travelport GDS is one of the world's largest global distribution system
(GDS) providers operating both the Galileo and the Worldspan brands,
providing real-time travel information and booking capabilities to online
and offline travel agencies in over 145 countries. It also operates Travel
Intelligence Services which provides marketing and other critical data to
the industry, and includes its Shepherd Systems subsidiary; and IT Services
& Software, which offers mission critical reservations, related software
and services management to the world's leading airlines. Travelport GDS is
a convergence of traditional and online travel distribution services that
empower airlines, travel suppliers, travel agencies, Web sites and
corporations to provide informed choice to travelers on a global platform.
Travelport GDS is a division of Travelport, one of the world's largest
service providers to the travel industry. More information is available at
travelportgds.com.
About Travelport
Travelport is one of the world's largest travel conglomerates. The
company operates three primary businesses -- a global distribution system
business, which comprises the Galileo and Worldspan brands; a supplier
services and data analysis business, Shepherd Systems; and a group travel
and wholesale hotel business through its brand GTA. Travelport also owns a
significant interest in Orbitz Worldwide (NYSE: OWW), a leading global
online travel company. With 2006 revenues (including Worldspan) of
approximately $3.4 billion, Travelport operates in 145 countries and has
approximately 7,500 employees.
Travelport is a private company owned by The Blackstone Group and One
Equity Partners of New York and Technology Crossover Ventures of Palo Alto,
California.
SOURCE Travelport GDS
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Related links:
http://www.travelportgds.com
http://www.galileo.com http://www.Priceline.com
CONTACT:
Brian Ek of Priceline.com, +1-203-299-8167,
brian.ek@priceline.com; or Jill Brenner of Travelport,
+1-973-939-1325, jill.brenner@travelport.com
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